The EU’s merger oversight capabilities have taken a significant blow following a key ruling by the CJEU in the Illumina-Grail acquisition case. The court urged EU regulators to stick to revenue thresholds for examining mergers.
The California legislature has passed Bill AB 2013, mandating developers of artificial intelligence systems to disclose the data used to train their models. The bill is now going to Gov. Gavin Newsom for approval.
Vanguard has appointed Tonya T. Robinson as its new General Counsel, effective October 2024. Robinson brings extensive experience from KPMG, HUD, and WilmerHale, and will oversee legal and compliance matters, public policy, and investment stewardship.
The highly anticipated AI copyright and fair use trial in Thomson Reuters v. Ross Intelligence, set to begin August 23, has been postponed, as the judge ordered both parties to resubmit summary judgment motions.
WilmerHale has introduced a non-equity partnership tier, aligning with a growing trend among major law firms to offer a two-tier partnership structure. The move will not impact current equity partners.
Latham & Watkins is asking its attorneys in New York be in the office four days a week, starting January 1, 2025, joining other firms with similar policies.